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20121112
20121120
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revenue is on the table. which means in order for it to pass, nancy pelosi has to come over and knock on your door. what are your red lines on this? >> i suppose i'll have a number of red lines. number one, not a nickel in reductions and cost of living increases, social security, not a nickel in reductions to benefits to medicare and medicaid. those are probably the most primary red lines. then i would want to see -- >> that's interesting. >> i would want to see -- where you draw the red line, i don't know. i don't want to see more cuts in discretionary spending, i don't want to see increases to the military. i don't want to see revenue -- revenues, so-called, that will impact the middle class, like eliminating state and local taxes. that's a very important one. some of the proposals that are on the table now, they came from romney. they came from democrats saying great idea. let's cap deductions at 35,000 or $40,000. that will, in a high tax rate like you are, that will really almost eliminate to a large extent, deductibility, state and local taxes. which, in turn, will put more pres
Search Results 0 to 1 of about 2 (some duplicates have been removed)